Artist Reveals 21-Month Effort Behind Lugano’s Satoshi Statue
In Lugano, Switzerland, a new statue honoring Bitcoin’s founder, Satoshi Nakamoto, was revealed recently. Taking 18 months of research and three months of building, artist Valentina Picozzi says it was designed to connect people to Bitcoin culture through art. The statue features a faceless figure on a laptop that appears differently based on the viewer’s […]
Bitcoin Holds Strong Above Key Levels, Eyeing Potential New All-Time High
Bitcoin bulls are likely to maintain control over bears as long as the asset stays above $66,500, with its price holding above all key moving averages, say crypto experts. “This breakout indicates that the bulls have a firm grip, and as long as BTC remains above the $66,500 mark, the trend should continue to look […]
If Microsoft Invests in Bitcoin, What Could Happen to Its Price?
On October 24, Microsoft Corporation (MSFT) disclosed an unexpected item in a filing with the United States Securities and Exchange Commission (SEC) for its upcoming shareholder meeting on December 10. In addition to typical agenda items—such as director elections, auditor ratification, and discussions on AI misinformation—a unique proposal caught attention: an “Assessment of Investment in […]
Bitcoin Mining – All The Secrets For Maximum Profitability
Bitcoin mining can still be a highly profitable venture, but it’s not without its challenges. As Bitcoin mining undergoes halving events, profitability for miners becomes more complex, requiring careful cost and strategy management to remain successful. Here’s an in-depth look into the critical aspects of maximizing Bitcoin mining profitability, from choosing the right location and […]
Microsoft will be voting on a proposal titled “Assessment of Investing in Bitcoin”
Microsoft shareholders will vote in December on whether the company should publicly explore the possibility of adding Bitcoin to its balance sheet, according to a filing with the U.S. Securities and Exchange Commission. In the filing dated Oct. 24, Microsoft revealed that an “Assessment of Investing in Bitcoin” will be presented to shareholders for a […]
Kraken set to unveil Ink blockchain for DeFi in early 2025
Kraken, one of the leading centralized cryptocurrency exchanges (CEX), is gearing up to introduce its own blockchain, named “Ink,” in early 2025. This new blockchain will be geared toward decentralized finance (DeFi) applications, marking a strategic shift for Kraken toward decentralized services. According to Bloomberg, Ink will enable users to engage in token trading, borrowing, […]
Altcoin Season Likely to Follow Bitcoin Reaching $80K – Hashkey Capital
According to a crypto investment firm, simply breaking Bitcoin’s all-time high of $73,679 may not be sufficient to ignite an altcoin season. In their market analysis released on October 23, analysts from Hashkey Capital suggested that an 18% increase in Bitcoin’s price could pave the way for altcoin season. They noted that for altcoins to […]
Bernstein Research Predicts Bitcoin Surge to $200K by Late 2025
Bitcoin could soar to $200,000 by the close of 2025, as the cryptocurrency steps into what Bernstein Research describes as “a new institutional phase,” according to an October 22 report. Bernstein’s comprehensive 160-page analysis explains how Bitcoin mining is expected to undergo significant consolidation in the coming years, a point echoed by Matthew Sigel, VanEck’s […]
Tesla Reports No Bitcoin Sales in Q3
Tesla released its Q3 2024 earnings on Oct. 23, confirming that it held onto its $184 million in digital assets throughout the quarter, marking the fifth consecutive quarter without selling any cryptocurrency. The company’s financial results showed revenue slightly down at $25.18 billion compared to $25.5 billion in Q2. However, Tesla’s net income saw a […]
Trump’s Election Win Could Propel Bitcoin to $92K, Claims Bitwise Executive
A top executive from Bitwise, a crypto asset management firm, predicts that Bitcoin could surge to as high as $92,000 if Donald Trump wins the upcoming U.S. presidential election. On October 22, Jeff Park, Bitwise’s head of alpha strategies, shared his insights in a post on X. He explained that by tracking Bitcoin’s price movement […]